‘Banks should shoulder more losses from digital scams’

‘Banks should shoulder more losses from digital scams’

Banks and other financial institutions should bear greater responsibility for losses from digital scams when these stem from weaknesses in their own controls, according to global management consulting firm Arthur D. Little (ADL).

Source: Philstar Biz
https://www.philstar.com/business/2026/10/12/2562484/banks-should-shoulder-more-losses-digital-scams